MARKETWISE, INC. MKTW (last ticker on record)

CIK 1805651Its SEC filings (opens in a new tab)

Restatement
Delisting notice (not a red flag)
Restructuring
95% wipeout

These figures describe clients, not conduct. A lawyer or firm can serve many companies that later had trouble for reasons that have nothing to do with their work, and nothing here says any lawyer or firm did anything wrong.

Red flags: 3; Newest began Sep 2024
Largest fall in its shares: 96%; Jul 2021 to Dec 2024
Law firms: 8; Linked to 5 or more companies
Lawyers: 9; Linked to 5 or more companies

What happened

Mar 31, 2025Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 30, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 17, 2024Shares down 95% from their high
Feb 13, 2024Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Nov 1, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 23, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 12, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 28, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 1, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 10, 2021Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)

An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.

Law firms

The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Davis Polk	Aug 2022	Named in SEC correspondence	1,694	1.26	0.06	1.02
Latham & Watkins LLP	Mar 2021	Named in SEC correspondence	2,667	0.98	0.31	1.10
White & Case	Jul 2020	Named in SEC correspondence	907	1.04	0.33	0.91
Maples and Calder	Mar 2020	Named in a filing	1,144	0.95	0.26	0.92
Winston & Strawn	Mar 2020	Named in SEC correspondence	585	1.18	0.60	1.02
Baker, Donelson, Bearman, Caldwell & Berkowitz, PC	Mar 2021	Text search only	149	0.72	1.18	1.15
Holland & Knight	Mar 2021	Text search only	413	1.17	0.82	1.19
Kirkland & Ellis	Mar 2021	Text search only	1,686	0.98	0.17	0.87

Lawyers

The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Derek J. DostalDavis Polk	Aug 2022	Named in SEC correspondence	114	1.03	0.00	1.22
William HackettLatham & Watkins LLP	Jul 2022	Named in SEC correspondence	6	3.32	0.00	2.00
Christopher J. ClarkLatham & Watkins LLP	Mar 2021	Named in SEC correspondence	14	0.00	0.00	1.95
Elliot M. SmithWhite & Case	Mar 2021	Named in a filing	18	1.12	0.00	1.50
Ian D. SchumanLatham & Watkins LLP	Mar 2021	Named in SEC correspondence	91	1.06	0.00	1.02
Marc D. JaffeLatham & Watkins LLP	Mar 2021	Named in a filing	156	1.05	0.00	1.12
Elliott M. SmithWhite & Case	Mar 2020	Named in SEC correspondence	107	1.26	0.51	1.11
Joel L. RubinsteinWhite & Case	Mar 2020	Named in SEC correspondence	195	0.74	0.55	1.03
Gregory PryorWhite & Case	Mar 2021	Text search only	17	1.59	0.00	0.92